Vegas: Alabama, Ohio State favorites to win National Championship

Despite being the No. 1-ranked team in the College Football Playoff standings, Clemson apparently isn't the favorite to win the National Championship.

Online sportsbook Bovada came out with its latest national championship odds on Tuesday afternoon. Based upon last weekend's dominant win over LSU, Alabama skyrocketed up as a co-favorite with Ohio State to win the entire thing as a 5/2 favorite.

Following the Buckeyes and Crimson Tide is Dabo Swinney's team — currently a 9/2 favorite. Four teams (Baylor, Florida, Stanford, Notre Dame) have the same odds (16/1).

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LSU suffered the biggest drop — going from a 10/1 favorite to now having 25/1 odds at winning the title.